Uzbekistan's gold and foreign exchange reserves decreased in December.

By the beginning of 2025, total reserves amounted to $41.1 billion: of which $32.03 billion is in gold and $8.5 billion is in currency. The gold tonnage reached 12.3 million troy ounces (382.5 tons).

Uzbekistan holds over $350 million in accounts at the central banks of other countries and the International Monetary Fund.

Recall that in November 2024, Uzbekistan increased its gold reserves for the first time since July by purchasing 9 tons of gold.

The decision of Uzbekistan and other countries to boost their gold reserves is linked to economic factors, such as the recent drop in gold prices, partially triggered by the presidential elections in the United States, as reported by the World Gold Council.

Earlier, Kun.uz reported that Uzbekistan entered the top 10 countries in gold production for 2023.